can someone please assist with these questions

Chapter 19 - Earnings per Share BC has 20,000 common shares outstanding throughout the year. It also had 20,000, 6 percent preferred shares, par S20, (cumulative and nonconvertible) outstanding throughout the year. Net income was $300,000. The earnings per share amount would be: A) $9.20 $10.00 C) $13.80 D) $15.00 Ans: C Difficulty: Medium Level of Learning: Application Topic: LO3 72. XYZ reported the following equity accounts on December 31 of this year: Liabilities: Bonds payable, 12 percent, nonconvertible Shareholders' equity: $200 Preferred shares, S15 par, 7 percent, non convertible, non cumulative 300 Common shares, no par, 40 shares outstanding 400 Retained earnings 120 Additional Information: (1) The Board of Directors declared a 10 percent stock dividend on all classes of shares on April 1, and issued these shares on August 1. (2) Income for the period was $88. (3) There were no share transactions during the year, other than the stock dividend. The basic earnings per share amount is: A) $1.52 B) $1.68 C) $2.00 D) $2.20 E) There would not be a basic earnings per share figure for XYZ this year. Ans: C Difficulty: Medium Level of Learning: Application Topic: LO3